Author: Digicoinvision
The Smarter Web Company, a publicly traded UK-based company holding Bitcoin on its corporate balance sheet, raised $21 million through a Bitcoin-denominated bond offering, marking a rare move in British capital markets.In a Wednesday London Stock Exchange announcement, The Smarter Web Company disclosed it had launched a Bitcoin-denominated bond that has already raised 15.8 million British pounds ($21 million). The bond was offered in a fully subscribed round backed by the French asset management giant Tobam.The new product, “Smarter Convert,” was designed in partnership with Tobam, with the French company investing through three of its managed funds. Tobam CEO Yves…
Crypto traders are preparing for potential price declines in Bitcoin (BTC) and Ethereum (ETH) this August, with options data from Derive.xyz showing a clear tilt toward bearish positioning.Bitcoin bearish sentimentAccording to data shared with CryptoSlate, open interest in Bitcoin put options with an Aug. 29 expiry date is nearly five times higher than call options.Investors typically buy call options when they expect the asset’s price to increase. Conversely, they buy put options when they anticipate a decline in the asset’s value.Notably, about 50% of that Derive’s put activity is concentrated around the $95,000 strike, while another 25% is split between…
A cryptocurrency investor lost $3 million in a phishing scam after signing a malicious blockchain transaction without verifying the contract address, highlighting the risk posed by digital asset scams.A single wrong click was all it took to drain $3 million worth of USDt (USDT) from an investor who failed to verify the contract address before signing the blockchain transaction.“Someone fell victim to a phishing attack, signed a malicious transfer, and lost 3.05M $USDT,” according to a Wednesday X post from blockchain analytics platform Lookonchain. “Stay alert, stay safe. One wrong click can drain your wallet. Never sign a transaction you…
The Smarter Web Company, a publicly traded United Kingdom-based firm holding Bitcoin on its corporate balance sheet, has raised $21 million through a new Bitcoin-denominated bond offering, marking a rare move in British capital markets.In a Wednesday London Stock Exchange announcement, The Smarter Web Company disclosed it launched a Bitcoin-denominated bond that has already raised 15.8 million British pounds ($21 million). The bond was offered in a fully subscribed round backed by the French asset management giant Tobam.The new product “Smarter Convert” was designed in partnership with Tobam, with the French company investing through three of its managed funds. Tobam…
A cryptocurrency investor lost $3 million in a phishing scam after signing a malicious blockchain transaction without verifying the contract address, highlighting the risk posed by digital asset scams.A single wrong click was all it took to drain $3 million worth of USDt (USDT) from an investor who failed to verify the contract address before signing the blockchain transaction.“Someone fell victim to a phishing attack, signed a malicious transfer, and lost 3.05M $USDT,” according to a Wednesday X post from blockchain analytics platform Lookonchain. “Stay alert, stay safe. One wrong click can drain your wallet. Never sign a transaction you…
Base has confirmed it experienced a 33-minute disruption on August 5, halting block production on its mainnet. The disruption occurred when Base’s active sequencer fell behind due to high onchain activity. Details of the 33-Minute Disruption Base, the Ethereum Layer 2 network developed by Coinbase, confirmed that a disruption on Aug. 5, which lasted 33 […]
Ethereum is very much a global community, but within that larger ecosystem lives a vast and vibrant web of local, grassroots communities. These local community nodes are a Schelling point for thousands of Ethereans, often organized around a shared geography, language, or on-the-ground meetup. They’re also a gateway for onboarding thousands of soon-to-be Ethereans, be it through meetups, talks, hackathons, study groups, and the like. Which means they’re home to countless opportunities for growing the ecosystem. As such, the Ethereum Foundation is continuously exploring ways to support and learn from local communities. To this end, the EF has piloted the…
The chief investment officer of the crypto asset manager Bitwise says he believes one decentralized finance (DeFi) project on the Ethereum (ETH) blockchain is currently undervalued. Matt Hougan says the market cap of Uniswap (UNI), which is approximately $6 billion, currently “feels too small.” “[Uniswap] would be the 400th largest financial services business in the world – roughly the same size as Storebrand, a savings and insurance business in Norway.” According to Hougan, regulatory uncertainty could be driving Uniswap’s current undervaluation, but that could change amid the U.S. Securities and Exchange Commission’s (SEC) recent initiatives to provide regulatory clarity for crypto…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Tom Lee, co-founder and head of research at Fundstrat Global Advisors and chairman of Bitmine, used his appearance on Natalie Brunell’s Coin Stories to press a sweeping thesis for Ethereum: institutional tokenization is arriving at scale, stablecoins have become crypto’s first mass-market product, and the dominant…
A bold forecast has stirred debate in crypto circles. Based on reports, a long-time investor known as Pumpius argues that XRP could one day trade at a whopping $1 million per coin! Related Reading That’s a huge jump from its current price near $2. The prediction rests on the idea that XRP will become the main bridge asset in a tokenized global economy worth up to $1 quadrillion. Tokenization Efforts Gain Ground According to Pumpius, Ripple is quietly moving real-world assets onto its blockchain. A government-backed real estate token pilot in Colombia is already under way. Reports have disclosed that…